Fairview Cottages
160 Gibson Road, Athens, TX 75751
Elderly · 36 1BR, 8 2BR
Managed by Megan Properties Management INC
- Units
- 44
- Rental assistance
- 43
- Vacant
- 2
- Accessible
- 4
- Opened
- 1989
Texas
USDA rental housing in Henderson County, TX
10 properties in Henderson County have USDA Section 515 or 514 financing: 362 apartments across 6 towns. 242 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
10properties
362apartments
242rental assistance units
45vacant units reported
Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.
Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.
The Oaks Of Fairview
160 Gibson RD, Athens, TX 75751
Family · 38 1BR, 56 2BR, 4 3BR
Managed by Megan Properties Management INC
- Units
- 98
- Rental assistance
- 49
- Vacant
- 18
- Accessible
- 5
- Opened
- 1983
Timber Ridge Apts
427 Martin St, Chandler, TX 75758
Elderly · 36 1BR, 8 2BR
Managed by Megan Properties Management INC
- Units
- 44
- Rental assistance
- 34
- Vacant
- 5
- Accessible
- 3
- Opened
- 1991
Lakeside Village I
307 Highway 175, Eustace, TX 75124
Family · 16 2BR
Managed by Hamilton Valley Management
- Units
- 16
- Rental assistance
- 14
- Vacant
- 2
- Accessible
- 0
- Opened
- 1980
Lakeside Village II
307 Highway 175, Eustace, TX 75124
Family · 16 1BR
Managed by Hamilton Valley Management
- Units
- 16
- Rental assistance
- 13
- Vacant
- 0
- Accessible
- 0
- Opened
- 1984
Golden Oaks Apts
208 Legendary Ln, Gun Barrel City, TX 75156
Family · 8 1BR, 16 2BR
Managed by Hamilton Valley Management
- Units
- 24
- Rental assistance
- 20
- Vacant
- 0
- Accessible
- 0
- Opened
- 1987
Legendary Oaks I
120 Legendary Ln, Gun Barrel City, TX 75156
Family · 8 1BR, 16 2BR
Managed by Hamilton Valley Management
- Units
- 24
- Rental assistance
- 20
- Vacant
- 0
- Accessible
- 0
- Opened
- 1982
Legendary Oaks II
204 Legendary Ln, Gun Barrel City, TX 75156
Family · 8 1BR, 16 2BR
Managed by Hamilton Valley Management
- Units
- 24
- Rental assistance
- 16
- Vacant
- 1
- Accessible
- 2
- Opened
- 1984
Sunset Place Apts
100 Sunset, Malakoff, TX 75148
Family · 20 1BR, 12 2BR, 4 3BR
Managed by Megan Properties Management INC
- Units
- 36
- Rental assistance
- 0
- Vacant
- 16
- Accessible
- 4
- Opened
- 1979
Seven Points Apts
421 Wood St, Seven Points, TX 75143
Family · 8 1BR, 20 2BR, 8 3BR
Managed by Fountainhead Mgmt
- Units
- 36
- Rental assistance
- 33
- Vacant
- 1
- Accessible
- 2
- Opened
- 2001
Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.
Who can rent here
USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.
For owners and buyers
All 10 are limited-profit. 5 also have housing tax credits. 2 serve elderly tenants. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.
Every property in one file: 515/514 portfolio download (CSV and JSON).